HSBC Hires Choi to Head Trading of Asian Emerging Markets Foreign Exchange

HSBC Holdings Plc, Europe’s largest bank, has hired Clyde Choi as its head of emerging markets foreign-exchange trading in Asia.

Choi was previously with UBS in Singapore, where he headed the Asian macro interest rate and foreign-exchange trading operations, HSBC said in a statement.

Choi will report to Hossein Zaimi, head of foreign exchange and metals for Asia, and to Mark Johnson, global head of foreign-exchange cash trading.

Ryuichi Atsuta was also named director, head of foreign- exchange trading, in Japan. He used to work for Bank of America Corp.’s Merrill Lynch in Japan as head of foreign exchange, according to the statement.

To contact the reporters on this story: Andrea Wong in Hong Kong at at awong268@bloomberg.net

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